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|Capstone Turbine Corporation Secures 2MW of Follow-On Orders From Two Leading North American Oil and Gas Producers|
The C1000 follows the oil and gas producer's purchase earlier this year of 12 microturbines that provide electricity for grid systems in the Eagle Ford Shale Play that power pump jacks for artificial lift. The C1000, which will power a central gas processing facility, will be installed and commissioned later this summer.
The five C200s purchased by the second leading oil and gas producer will be installed and commissioned in late August in
"Capstone microturbines are quickly becoming the power-generation solution of choice for dozens of leading oil and gas producers throughout
"These multiple follow-on orders continue to demonstrate that Capstone's low-emission, durable, and highly-efficient microturbines are the preferred choice for around-the-clock production and optimized well site performance worldwide," said
About Capstone Turbine Corporation
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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the advantages of our products and continued growth in the oil and gas market. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
"Capstone" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
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